LOCATION! LOCATION! LOCATION! Rare find in downtown Gardnerville - 50 unit apartment complex with metal roofing. New exterior paint and fence staining. 20 each 1 bedrooms/1bath, renting at $540 per mo. 29 each 2 bedrooms/2 bath renting at $615 per mo. 1 unit with 4 bedrooms/1 bath used as manager's unit. On site Coin-op laundry room, fully landscaped.
DO NOT DISTURB TENANTS! 9 units total, 7 have separate backyards, most have washer/dryer hookups, tri-plex and 4-plex had new roofs in 2005, overall nicely updated; check out options the zoning offers! (zoned MUWM - Medical) -Just east of Renown. Owner May Carry. Offer subject to inspection. DO NOT WALK PROPERTY! No sign. BTV all
Great investment with 6 units. Everything has been up dated from carpet to applicances. Units stay full due to the lack of rentals in Fallon. All the work has been done and all the units are occupied. Each unit has a garage that is not included in the square footage of the apartment.
FEATURES:
Age: 21-30 Years Old
Amenities: Deck, Patio, Security System, Security System
New fence, new paint inside and outside, new Pergo floor, upgrade kitchen for each unit. Security camera installed. New Management. 1st 130k loan is assumable at 6.5%. Seller will consider 1031 exchanges,BUYER TO VERIFY ALL PROPERTY INFORMATIONS
13 UNITS (12 STUDIOS AND ONE 1 BEDROOM) CLOSE TO DOWNTOWN, ACES PARK, HOSPITALS, ETC. WELL BUILT STRUCTURE AND OFF STREET PARKING. SELLER WILL CONSIDER SINGLE FAMILY OR 2-4 UNITS AS TRADE. SELLER WILL BE DOING A 1031 EXCHANGE AT NO COST TO BUYER. PROPERTY IS FREE AND CLEAR .
Live in the 2 story, 3 bedroom, 2 bath house and rent the five 1 bedroom units. House has a large family room, newer paint. Kitchen and baths recently updated. Large lot, .32, All units separately metered. Please do not disturb tenants.
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